Comprehensive Property Insurance for Hotels & Hospitality
Your Guide from Johal Insurance Brokers
Beyond the Lobby: Why Franchise & Boutique Hotels Need Specialized Property Coverage
Managing a hotel is a high-stakes balancing act. You aren't just managing a building; you are managing guest expectations, a 24/7 staff, and a strict set of requirements from a franchise flag (like Marriott, Hilton, or IHG). Standard "business insurance" is rarely enough to satisfy these contracts or protect your revenue.
The Hidden Risks of Hotel Ownership Commercial property insurance for hospitality isn't just about fire damage. In many regions, the biggest threats to your bottom line are wind, hail, and water damage. A single storm can strip a roof or flood a lobby, leading to massive repair bills. But the real cost? Room cancellations. If you can't book guests, your cash flow dries up overnight.
Critical Coverage Endorsements You Need We specialize in high-value hotel assets, ensuring you have the specific endorsements required by top franchise flags:
Business Income & Extra Expense: This is non-negotiable. It replaces your lost profit while rooms are out of order and pays for "extra" costs to protect your brand reputation.
Wind & Hail Deductible Buy-Backs: Don't get stuck with a 5% deductible on a $10M building. We help you lower that out-of-pocket exposure.
Water Damage & Sewer Backup: Essential for multi-story properties where a leak on the 4th floor ruins the 1st.
Utility Services – Direct Damage: If a power line goes down and you lose power for 3 days, this endorsement covers your spoilage and lost income.
Don't Leave Your Asset Exposed Reviewing your policy after the storm is too late. We shop 20+ carriers to find the right blend of comprehensive coverage and affordable premiums for your hotel.